The Chinese yuan has passed the euro to become the second most important currency in Brazilian foreign reserves, according to a central bank report on Friday, reflecting the deepening economic ties with Brazil’s biggest trading partner.
Economics
DeStatis – Germany: radical increase in imports from China and Russia, decrease in exports
Trade with China in April 2022 still largely unaffected by Covid-19 lockdowns Imports of chemical products grew almost six-fold year on year Exports to Russia decreased again in the second month of war in Ukraine […]
Climate Crisis
Transport & Environment: MEPs opt for weak car targets in blow to affordable EVs and the climate
EU Parliament must support more ambitious 2030 target and interim 2027 goal to drive down electric car prices and help countries cut their transport emissions. Read Here
Deregulation
Bill Mitchell: Renationalisation – when self-promoted genius becomes plain lame
Privatisation has been one of the greatest wealth re-distributions in history – to the benefit of the wealthy. Now that most Europeans have understood this, the same perpetrators are coming up with people friendly privatisation. […]
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